Category Archives: Business
The beginning of April marks the new year in Japan. Students head to school in new, crisp uniforms, and college graduates known as freshers head to their new jobs. Although this year is perhaps a bit different than years past.
According to Asahi 44% of Japanese of Japanese companies are planning to reduce their hiring next year. This is a pretty shocking development coming from a country that is also in the midst of a population induced labor shortage.
and things just keep getting worse. According to the International Labor Organization, Japan ranks at the bottom for jobless benefits.
An ILO report that covers eight major countries including emerging economies said Brazil has the highest share of jobless workers receiving no benefits at 93 percent, followed by 84 percent for China, 77 percent for Japan and 57 percent for the United States and Canada. The share slips below 20 percent for France and Germany.
The high Japanese share of jobless workers receiving no unemployment benefits was taken to indicate that Japan has failed to develop safety nets for temporary and other nonregular employees while accelerating deregulation of temporary staffing services.
the lack of the government to prepare for such an environment is going to have lasting effect, both economically and sociologically in Japan for decades to come.
Google jumps into the VC world. I’m really curious about the direction that Google will take with this.
The better questions I guess is will Google be able to risk capital in start up incubation without becoming truly evil? I’ll be watching this one closely. VERY closely.
A leaked(?) training video from Gamestop, the soon to be video game cabal in the US that has children selling crack on the streets to get the latest copy of Street Fighter IV.
Well, high on my list of things to do now is to try and plot a new career path. One of the good things about the current challenging climate is that i can say that at least I am in good company. While the job market is certainly tougher than it has been in the last few years, technology has started to fill in the gaps and make things easier.
In the last few years it has become obvious to businesses that they must use the web to stay competitive, I think the same goes for those looking for work or business. I'm working on developing my strategy for this, but for now I am trying to gather as much information and advice as I can.
Mashable is of course a great resource for information on Social Technology. It has a job board for related jobs and also articles and tips. Here is a great list of Social Technology resources used by Job Hunters.
Good luck hunters!
…and then he asked the bartender for a drink.
Could it be that we are finally in the last days of PM Aso’s (pronounced A$$hole) government? Another great article by Bill Pesek.
He certainly doesn’t sugar coal things.
Things will get far worse. You know an export-driven
economy is in trouble when exports plunged an unprecedented 13.9
percent last quarter. The collapse in demand for Corolla cars and
Bravia televisions comes as the G-7 says the global slump will
last for much of 2009. It’s probably more like 2010, too. Big losses are forecast at Toyota Motor Corp., Sony Corp.
and Hitachi Ltd., all of which are firing thousands of workers.
That will accelerate the drop in household spending and deepen
the recession. The current quarter could be even uglier.
Of course the event that may finally have tipped things over has become an internet sensation of it’s own. Finance Minister Nakagawa’s drunken press conference is a warm happy memory I will take to my grave.